Delta Exploration Inc.
TSX VENTURE : DEV

Delta Exploration Inc.

January 29, 2008 09:00 ET

Delta Exploration Inc.: New Uranium Zone Discovered at Falea Project, Mali, West Africa

KAMLOOPS, BRITISH COLUMBIA--(Marketwire - Jan. 29, 2008) - Delta Exploration Inc. ("Delta") (TSX VENTURE:DEV) is pleased to report that initial Phase Two drilling between October and December 2007 has resulted in the discovery of a new zone of uranium mineralization over an area of 1100 x 300 metres. This new North Zone is located 1.5 kilometres north of the Central Zone and remains open in three directions. Rockgate Capital Corp. has earned a 60% interest in the Falea Uranium-Copper from Delta Exploration, and is the operator of the project.

The discovery of the North Zone is based on seven recently completed exploration diamond drill holes, spaced at 200 metre intervals and one 100 metre spaced diamond drill hole. When averaged, the grade and thickness of the eight individual holes is 0.104% U3O8 and 4.06 metres, respectively. The zone contains some of the highest radiometric readings at Falea to date. Table # 1 contains all holes drilled in the North Zone.



Table # 1
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Hole Name From To Thickness Grade Comments
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(m) (m) (m) %U3O8
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DF-062 275.50 277.50 2.00 0.317 North Zone Discovery
Hole
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including 275.50 276.00 0.50 1.019
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DF-063 267.87 271.40 3.53 0.069 200m north and east
of DF-062
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including 270.90 271.40 0.50 0.400
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DF-064 287.40 292.50 5.10 0.124 200m east of DF-062
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including 289.50 292.50 3.00 0.205
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including 290.00 290.50 0.50 0.632
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DF-065 208.20 211.50 3.30 0.143 400m east of DF-062
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DF-066 199.00 203.00 4.00 0.048 600m east of DF-062
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DF-067 189.00 196.00 7.00 0.055 800m east of DF-062
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DF-069 343.00 346.70 3.70 0.110 200m west of DF-062
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DF-070 296.80 301.70 4.90 0.139 100m west of DF-062
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including 298.50 300.70 2.20 0.277 w/ 22.13 oz/tonne
Silver
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The thickness of mineralization recorded in Table # 1 is considered true thickness for all holes except holes DF-069-70 whose true thickness of mineralization is estimated to be 3.48 and 4.01 metres respectively. All samples were sent to ECO TECH Laboratories in Kamloops, BC, ICP-MS analysis was completed on all samples, XRF analysis is to be completed at ALS-Chemex in Vancouver, BC. All sample results are drawn from assays and are not based on down-hole logging.

The Phase Two diamond drilling program consists of a minimum of 12,000 metres of diamond drilling over approximately 40 holes and is intended to test the potential of the Central Zone Structural Corridor (CZSC). The north-south trending CZSC is currently projected to be over 8 kilometres in length and up to 1.5 kilometres in width. The current program is designed to expand the known mineralization of the Central Zone which remains open and also to explore the corridor north from the Central Zone to the as yet untested Bodi Uranium Zone, located approximately 2.8 kilometres to the north and within the CZSC.

Karl Kottmeier, President of Rockgate, commented, "The discovery of this new zone is a substantial advancement for the Falea project as the new discovery area was not expected to be as well mineralized as the Central Zone and as such was not one of our higher priority targets. The new zone is already almost the same size in area as the Central Zone and both remain open in at least three directions. We have several known uranium occurrences within the CZSC and two separate structural corridors with radiometric anomalies and all have yet to be drill tested."

The Falea exploration permit covers 150 square kilometres of the Falea-North Guinea-Senegal basin, a Neoproterozoic sedimentary basin marked by significant radiometric anomalies. Mr. Lorne Warner, P. Geo, Director and VP Exploration of Rockgate Capital Corp., is the Qualified Person for this press release under NI 43-101.

On behalf of the Board of Directors

Delta Exploration Inc.

James T. Gillis, President & CEO

This press release may be accessed at Delta Exploration's website: http://www.deltaexploration.com and at SEDAR.COM.

If you wish to be placed on Delta Exploration's e-mail press release list, please contact us at deltaex@telus.net.

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